The U.S. Halo Butyl Rubber market has shown sluggishness in prices from April to early May xxxx, with limited deals concluded from the buyers. Specifically, the Halo Butyl Rubber prices for BIIR grade on FOB and DEL Texas bases have remained substandard, indicating a weak market environment.
The slight increase in prices at the beginning of April, reaching USD x,xxx per MT, was influenced by shifts in supply and demand dynamics. However, by the second week of April, Halo Butyl Rubber prices stabilized at the same level, indicating a temporary adjustment in response to market conditions. In the third week of April, prices decreased, driven by factors affecting supply and weaker demand from industries such as automotive and tire manufacturing.
Throughout April, Halo Butyl Rubber prices reduced, with no significant new market forces impacting the pricing landscape and at the start of May, prices experienced...
